High tariffs on Thai products are stifling exports to Bangladesh to the desired level in spite of high demand, says a Thai official
Thailand is interested to sign a free trade agreement (FTA) with Bangladesh to increase bilateral trade as tariff and non-tariff barriers stand in the way of promoting business potentials between the two countries.
Thai trade counselor in Dhaka Khemathat Archawathamrong expressed this view while talking to Dhaka Tribune recently.
He said that high tariffs on Thai products are stifling exports to Bangladesh to the desired level in spite of high demand.
Bangladesh has become a member of the middle-income group this year with its economy growing at 7-8% per annum before the Covid-19 outbreak last year.
Citing high tariff and non tariff barrier (NTB) as bottlenecks in promoting trade, the Thai Minister Counsellor (Commercial) demanded removal of both the…
